News
Applied Systems Acquires IVANS P/C Business
Insurance software vendor Applied Systems has completed its acquisition of the property/casualty business of IVANS, a major supplier of managed network, electronic data interchange (EDI) and ...
End of Hard Copy? Three States Now Permit Posting Policies Online
Arizona Gov. Jan Brewer has signed a bill that allows a property/casualty insurer to post policies and endorsements online and send a link via email to policyholders in lieu of providing a hard copy. ...Obama to Name Froman as U.S. Trade Representative
President Barack Obama on Thursday will name top international economic affairs adviser Mike Froman as his choice to be U.S. trade representative, a White House official said, handing the job to a ...E&S Premiums Up in 2012; SNL Ranks Top Carriers by Market Share
Excess and surplus lines premiums in the U.S. were up for a second consecutive year in 2012, rising 10.8 percent to $25.44 billion, and grew at a faster rate than in 2011, according to SNL Financial. ...
Crop Insurance Subsidies Should Be Reduced: Economist
U.S. farmers have collected a record $17 billion in crop insurance payments on drought-hit 2012 crops but the system could have spent half as much and still saved growers from ruinous losses, an ...
European Central Bank Cuts Main Interest Rate
The European Central Bank cut interest rates for the first time in 10 months on Thursday, driven to act by an economy wallowing in recession and freed to do so by sharply falling inflation. The ECB ...
EU Weighs Trade Action to Improve Safety After Bangladesh Factory Tragedy
The European Union is considering trade action against Bangladesh, which has preferential access to EU markets for its garments, in order to pressure Dhaka to improve safety standards after a ...
U.S. Pragmatic Approach Leads U.N. Climate Talks: Wynn
A U.S. submission to U.N.-backed negotiations shows how a scaled-down global climate deal that falls short of a full treaty can be agreed in 2015. Much will depend on the United States, as the ...